Bitcoin has surged to an all-time high, surpassing $69,000, a level not seen since November 10, 2021. The uptick is largely attributed to the significant influx of purchases from recently established spot bitcoin ETFs based in the United States. When these ETFs commenced operations on January 11, Bitcoin was trading at approximately $45,000, surging by […]
In a recent interview with Bloomberg Television’s Katie Greifeld, Saylor said, “I’m going to be buying the top forever. Bitcoin is the exit strategy. It is the strongest asset.” As Bitcoin’s price soared around the $65K mark and near its previous record high, it may pull back some to correct. But most analysts like Galaxy […]
In a recent interview with Bloomberg Television’s Katie Greifeld, Saylor said, “I’m going to be buying the top forever. Bitcoin is the exit strategy. It is the strongest asset.” As Bitcoin’s price soared around the $65K mark and near its previous record high, it may pull back some to correct. But most analysts like Galaxy […]
The crypto market’s rally clearly indicates that institutions have shown a stronger preference for Bitcoin and Ether, allocating approximately 40% each to these top assets. As of January 31st, 2024, these entities have dedicated 15% to stablecoins and only 5% to alternative coins. A new report by Bybit suggests that institutional portfolios have become significantly […]
The ongoing rally is challenging market expectations regarding the impact of spot Bitcoin ETF inflows, which were speculated to propel the leading asset to break all-time highs by the end of March. With Bitcoin exceeding $59,000 on Wednesday, marking a gain of over 5%, indications suggest that a new peak may materialize sooner than anticipated. […]
TL;DR Bitcoin’s price has seen significant increases recently, surpassing $62,000 and sparking speculation about the start of a major bull run. Some important factors hint that reaching a new all-time high might be just around the corner. BTC Halving Bitcoin’s price has excited the cryptocurrency participants and shocked the naysayers in the past few weeks, […]